The Dow Chemical Company (NYSE: DOW) congratulates the U.S. Senate for
their decisive action to pass Permanent Normal Trade Relations (PNTR)
with Russia. Combined with the strong bipartisan vote in the U.S. House
of Representatives, these actions secure wide ranging market access and
rule of law benefits for American exporters and investors into the
fast-growing market of Russia.

“Passing this legislation through both chambers reinforces the
commitment of Congress to American manufacturers by ensuring equal
access to Russian markets,” stated Andrew N. Liveris, Chairman and CEO
of The Dow Chemical Company. “We are hopeful that the President will act
quickly to sign this bill into law so that we can feel the benefits and
assurances of the agreement as soon as possible.”

Russia, the world’s sixth largest economy by purchasing power parity,
can provide significant benefits to the U.S. economy, including job
creation, increased innovation and export promotion. Dow is already
looking to capitalize on these opportunities by exploring the projects
noted below:

Collaborating with Gazprom on value-add investments and projects to
maximize the use of natural resources - Dow and Gazprom signed a
memorandum of understanding (MOU) to investigate feasibility to build
a petrochemical complex

Working as an approved supplier for the major pipeline renovation
project (75,000 km) for the next five years in Russia

A signed MOU with Rusnano to explore potential investment
opportunities in leading-edge technology projects

All of these significant undertakings represent areas of competition in
the global chemical industry. In order for companies like Dow to compete
for these investments, a level playing field is needed and the
collective actions taken by Congress on this issue have opened access to
markets important to growing our economy.

About Dow

Dow (NYSE: DOW) combines the power of science and technology to
passionately innovate what is essential to human progress. The Company
connects chemistry and innovation with the principles of sustainability
to help address many of the world's most challenging problems such as
the need for clean water, renewable energy generation and conservation,
and increasing agricultural productivity. Dow's diversified
industry-leading portfolio of specialty chemical, advanced materials,
agrosciences and plastics businesses delivers a broad range of
technology-based products and solutions to customers in approximately
160 countries and in high growth sectors such as electronics, water,
energy, coatings and agriculture. In 2011, Dow had annual sales of $60
billion and employed approximately 52,000 people worldwide. The
Company's more than 5,000 products are manufactured at 197 sites in 36
countries across the globe. References to "Dow" or the "Company" mean
The Dow Chemical Company and its consolidated subsidiaries unless
otherwise expressly noted. More information about Dow can be found at www.dow.com.

®TM Trademark of The Dow Chemical Company (“Dow”) or an
affiliated company of Dow

®Trademark of The Dow Chemical Company (“Dow”) or an affiliated company
of Dow

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